Instructor Class Description

Money, Credit, and the Economy

Role of money and the banking system in the United States economy. Relation of money to inflation, interest rates, and business fluctuations. Monetary policy and Federal Reserve System. Prerequisite: minimum grade of 2.0 in ECON 301.

Class description

How households, firms, banks, and the Federal Reserve
make their financial decisions and how they interact in the marketplace to
determine: interest rates, deposit rates, the quantities
of money and credit, national output, and the price level.

Student learning goals

General method of instruction

Lectures/discussion of theory & practice/problem solving.

Recommended preparation

Econ 300 and 301, familiarity with algebra, and willingness to work hard.

The information above is intended to be helpful in choosing courses. Because the instructor may further develop his/her plans for this course, its characteristics are subject to change without notice. In most cases, the official course syllabus will be distributed on the first day of class.
Last Update by Michael Hadjimichalakis
Date: 05/11/1998

Office of the Registrar
For problems and questions about this web page contact icd@u.washington.edu,
otherwise contact the instructor or department directly.
Modified:April 23, 2014